SHAREHOLDER ALERT: The Law Offices of Vincent Wong Reminds Investors
of Commencement of a Class Action Involving HCP, Inc. and a Lead
Plaintiff Deadline of July 11, 2016

June 06, 2016 01:27 PM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong announce that a class action lawsuit has
been commenced in the USDC for the Northern District of Ohio on behalf
of investors who purchased HCP, Inc. (NYSE:HCP) securities between March
30, 2015 and February 8, 2016.

According to the complaint, HCP violated securities laws by failing to
disclose during the class period that one of the Company’s major
clients, ManorCare, was engaged in rampant billing fraud that may have
generated more than $6 billion in false claims for reimbursement, and
that the value of HCP’s interest in ManorCare was questionable.

On April 21, 2015, HCP disclosed that the U.S. Department of Justice had
intervened in whistleblower lawsuits. Then on May 5, 2015, HCP disclosed
a recorded $478 million non-cash impairment charge related to certain of
its lease arrangements with ManorCare. Then on February 9, 2016, HCP
disclosed that its equity stake in ManorCare had been written down to
zero, and that it had taken an $836 million non-cash impairment on its
ManorCare lease assets and placed all of its ManorCare real estate
assets on a “Watch List.”

If you suffered a loss in HCP you have until July
11, 2016to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require that
you serve as a lead plaintiff. To obtain additional information, contact
Vincent Wong, Esq. either via email vw@wongesq.com,
by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/hcp-inc.

Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.

Contacts

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax:
866-699-3880vw@wongesq.com

Release Summary

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced on behalf of investors who purchased HCP, Inc. securities between March 30, 2015 and February 8, 2016.

Contacts

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax:
866-699-3880vw@wongesq.com